After a discussion on cash flow, the receipt of contributions, the budget and resource allocation for 2006‑2008, the status of forward commitments and resources available for new activities during 2006-2008, and bilateral contributions, the Executive Committee decided:
- To note the report on financial planning for the 2006-2008 triennium contained in document UNEP/OzL.Pro/ExCom/48/5;
- To adopt a resource allocation of US $164.47 million in 2006, US $165.57 million in 2007, and US $139.96 million in 2008;
- To urge contributing Parties to make payments for the year 2006 by 1 June 2006 in accordance with paragraph 7 of decision XI/6 of the Eleventh Meeting of the Parties, and to enable the full commitment of the US $470 million budget during the 2006-2008 triennium, as foreseen in decision XVII/40 of the Seventeenth Meeting of the Parties (paragraph 3);
- To urge contributing Parties to pay the arrears amounting to US $38.8 million remaining from the 2003-2005 triennium during 2006, as the contributing Parties had already paid US $21 million of the US $59.6 million in arrears due as part of the 2006‑2008 replenishment;
- To urge contributing Parties using promissory notes to enable the Treasurer to accelerate the encashment of promissory notes in accordance with decision 25/2;
- To urge countries with economies in transition that had not paid previously to make their contributions to the Multilateral Fund for the 2006-2008 triennium to facilitate the full implementation of the three-year phase-out plan in order to enable Article 5 countries to comply with the control measures of the Montreal Protocol, and also to avoid shortfalls arising from non-payment or delayed payment of pledged contributions during the compliance period for Article 5 countries;
- To agree that the amount of US $142 million in resources available for new commitments during the 2006-2008 triennium should be allocated as a first priority for the compliance needs of Article 5 countries; and
- To request that bilateral agencies specify the costs of planned activities in their annual business plans.